How can a national bank like state farm compete with local


Activity 3: Submission

For this assignment, you will write your responses in APA format and submit it to your instructor.

Watch the video below about State Farm. Then write 1-2 paragraphs responding to the following questions each using APA formatting.

IST 530 Unit 2 20 STATEFARM NFE (By CALU997)

Be sure you incorporate responses to the following questions as you describe State Farm's business activities.

1. What ethical concerns could develop exist when insurance and banking activities are combined?

2. Do you think a bank can prosper without a physical location? Why or why not?

3. How can a national bank like State Farm compete with local banks that have a greater presence in the community?

4. What are the primary security concerns facing State Farm?

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